Import Duty Unlikely On Mobile Display, Touch Panel Assemblies

India may refrain from levying import duties on display and touch panel assemblies — key components used in mobiles — in the upcoming budget to ensure supply of cheaper inputs and boost local manufacturing even as some component makers favour the levy as a measure of protection.

“Import duties on some components under the phased manufacturing programme (PMP) have not been recommended… the industry had asked for these changes,” a government official said.

The government has shelved its plan to levy 10% basic customs duty on display assemblies, touch panel assemblies and cover glass for mobiles from the next fiscal year as part of PMP.―India Finance News